AMALY — SHARIAH COMPLIANCE REPORT
==================================
Symbol: RNG
Report Date: 2026-07-24
Full Report: https://amaly.io/stock/RNG

EXECUTIVE SUMMARY
------------------
Compliance Status: NON_COMPLIANT
Quality Rating: B
Description: The analysis reveals that RNG is non-compliant with Shariah standards primarily due to excessive debt levels relative to market capitalization. Business activities in cloud communications are permissible, and non-compliant income is negligible. However, financial ratios fail key thresholds set by AAOIFI, MSCI, and S&P methodologies. No inclusion in major Islamic indices confirms the non-compliant status. Investors may consider purification for minor income issues, but debt management is critical for future compliance.

Primary Compliance Concerns:
- Debt ratio of 54.05% exceeds thresholds across all standards (AAOIFI 30%, MSCI 33.33%, S&P 33%)

Purification Requirement: 0.00%
Index Inclusion: Excluded from all major Shariah-compliant indices

KEY FINANCIAL METRICS
----------------------
Debt Ratio: 54.0%
Liquidity Ratio: 5.9%
Interest Income Ratio: 0.0%
Purification Required: 0.00%

INDEX INCLUSION STATUS
-----------------------
S&P Shariah: EXCLUDED
MSCI Islamic: EXCLUDED
DJIM: EXCLUDED
FTSE Shariah: EXCLUDED
Total: 0 of 4
Last Verified: 2026-01-31

REPORTING PERIOD
-----------------
Latest Annual Report: FY 2025
Latest Quarterly Data: Q4 2025
Trend Period: FY 2020 to FY 2025
Data Retrieved: 2026-02-22T00:00:00Z

---
Full interactive report: https://amaly.io/stock/RNG
Provided by Amaly (https://amaly.io) — Shariah Compliant Stock Screener
Disclaimer: This data is for informational purposes only and does not constitute financial or religious advice.